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202601460

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 4/29/2026, APPROVING AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement with 23 W Court Holdings LLC, an affiliate of YOLO Investments LLC, thereby authorizing a fifteen-year tax exemption for 100 percent of the value of improvements made to real property located at 21 West Court Street in Downtown Cincinnati, in connection with the remodeling of an existing building into approximately 4,800 square feet of commercial space and approximately 19,568 square feet of residential space consisting of twelve residential rental dwelling units, at a total construction cost of approximately $2,800,152.

Ordinance Passed Emergency Introduced April 23, 2026

What this record is

Held by
YOLO Investments LLC
Amount
$2.80M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Construction

construction contracts in OH that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Cincinnati City Council
Requested by
Housing & Growth
Introduced
April 23, 2026
On agenda
May 13, 2026
Passed
May 13, 2026
Enacted
May 13, 2026
Enactment no.
0137-2026

Where it was heard

Cincinnati City Council May 13, 2026 Passed Emergency Pass Cincinnati City Council May 13, 2026 Emergency clause to remain Pass Cincinnati City Council May 13, 2026 Suspension of the three readings Pass Housing & Growth May 12, 2026 Recommend Passage Emergency Cincinnati City Council Apr 29, 2026 Referred to Housing & Growth Committee

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